What is the median home price in Phillips, New London?

The median home price in Phillips is $267,500, down 15% year-over-year. Homes sell in a median of 64 days. The sale-to-list ratio is 96.94%.

How much does it cost to sell a home in Phillips?

On a $267,500 home in Phillips, a traditional agent charges around 3% — about $8,025. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $4,526 while getting MLS listing and expert support.

How long does it take to sell a home in Phillips?

The median home in Phillips spends 64 days on market. 50% of listings go pending within two weeks. 4 homes sold recently in this neighborhood.

Is Phillips a good neighborhood to sell in right now?

Phillips had 4 homes sell recently at a median of $267,500. Sellers are getting 96.94% of their asking price. 25% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Connecticut/New London

Phillips · New London, CT

Is Now a Good Time to Sell in Phillips, New London?

The median home in Phillips sells for $267,500 with prices down 15% year-over-year. Ridley's flat fee saves you $4,526.

Phillips Real Estate Market Conditions

54out of 100

Ridley Sell Score

How it's scored →

Moderate

54/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Phillips market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Connecticut average is 1.9.

Price MomentumFavors buyers

Prices down 15.07936508% year-over-year — vs. +7.8% statewide.

Seller LeverageFavors buyers

Homes selling at 96.94% of asking — buyers are negotiating 3.1% below list. Connecticut average is 100.7%.

Bidding ActivityNeutral

25% of homes selling above list price — 46% below the Connecticut average of 46.3%.

Sale SpeedNeutral

64 median days on market — 11 days slower than the Connecticut average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 35.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Connecticut average is 17.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$267,500

-15%

Days on Market

Price per Sq Ft

$192

Sale-to-List Ratio

96.94%

Homes Sold

Sold Above List

25%

Pending in 2 Weeks

50%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for New London — delivered monthly.

Your savings

How much can you save selling in Phillips?

$0Estimated savings

That could furnish your new living room — save 1.7% of your home value

Your Phillips home value

$267,500

$50,000$10M

Traditional Agent (3%)

$8,025

Ridley Pro (flat fee)

$3,499

Ready to sell in Phillips?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Phillips

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$8,025	$3,499	$999
Buyer agent	$7,4902.8% avg	$5,350~2% avg	$5,350~2% avg
Closing costs (~1.5%)	$4,013	$4,013	$4,013
Total cost	$19,528	$12,862	$10,362
You save	—	$4,526	$7,026

Based on the Phillips median home price of $267,500. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Phillips

A flat fee of $3,499 instead of the typical $8,025 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Phillips market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Phillips buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $4,526 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

Get Your Selling Strategy

FAQ

Common questions about selling in Phillips

Ready to sell in Phillips?

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Explore nearby

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View all New London market data →